Sprouts Farmers Market (SFM) director awarded 3,129 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sprouts Farmers Market director Joe Fortunato received an equity grant of 3,129 restricted stock units. The award was priced at $0 per unit as a stock-based compensation grant, not a market purchase. Each unit converts into one share of common stock and will vest on March 12, 2027, assuming he continues in service through that date. Following this grant, his directly held position, including common shares and restricted stock units, totals 21,293.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fortunato Joe
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.001 per share | 3,129 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 21,293 shares (Direct)
Footnotes (1)
- Consists of a grant of restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. These restricted stock units will vest on March 12, 2027, assuming continued service through such vest date. Includes, in addition to the 3,129 restricted stock units described in Note (1), 18,164 shares of common stock.
FAQ
What insider transaction did SFM director Joe Fortunato report on this Form 4?
Joe Fortunato reported receiving 3,129 restricted stock units of Sprouts Farmers Market common stock as a compensation grant. The units were awarded at $0 per share, reflecting a non-cash equity grant rather than an open-market stock purchase or sale.
When do Joe Fortunato’s 3,129 SFM restricted stock units vest?
The 3,129 restricted stock units are scheduled to vest on March 12, 2027, provided Joe Fortunato remains in service through that vesting date. Upon vesting, each restricted stock unit will convert into one share of Sprouts Farmers Market common stock.
Was Joe Fortunato’s SFM Form 4 transaction a stock purchase or option exercise?
The transaction was a grant of restricted stock units, not an open-market stock purchase or an option exercise. The Form 4 labels it as a grant or award acquisition, with a transaction price of $0 per share, reflecting stock-based compensation.
Does Joe Fortunato’s Form 4 for SFM indicate any stock sales or dispositions?
The Form 4 shows only an acquisition of 3,129 restricted stock units and no stock sales or other dispositions. Transaction summary data report one acquisition transaction and zero sell, gift, tax withholding, or restructuring transactions in this filing.